September 28, 1981 (Monday)
- After stock analyst Joseph Granville had predicted over the weekend that a "Blue Monday" would see stock prices fall, record sell-offs took place. In Tokyo, where the markets opened first, the Nikkei 225 fell 302.84 points, the largest single-day drop on record, and when the London Stock Exchange opened, the FTSE Index dropped a record 29.4 points. Less drastic declines happened in Sydney, Singapore, Hong Kong, Frankfurt, Zurich and Paris. Stock prices fell initially in New York and Toronto, but rallied later in the day. Tokyo and London made strong recoveries the next day.
- Died: Rómulo Betancourt, 73, former President of Venezuela
Read more about this topic: September 1981
Famous quotes containing the word september:
“April is in my mistress’ face,
And July in her eyes hath place,
Within her bosom is September,
But in her heart a cold December.”
—Unknown. Subject #4: July Subject #5: September Subject #6: December. All Seasons in One. . .
Oxford Book of Sixteenth Century Verse, The. E. K. Chambers, comp. (1932)